Xcel Energy - Commercial Energy Efficiency Rebate Programs

May 30, 2024


Xcel Energy offers rebate programs for Colorado commercial and industrial customers for a wide range of energy efficiency technologies including but not limited to heating and cooling, motors, lighting, and refrigeration. In many cases, Xcel energy will cover at least part of the cost of the assessment, in addition to the equipment and installation rebates. Xcel Energy can also connect business customers who are interested in financing to several third-party lending institutions. 

Information on incentive amounts and efficiency specifications can be found at the program website; for more information on the rebate programs, customers should contact their account manager.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Colorado
Incentive Type: Rebate Program
Web Site: https://co.my.xcelenergy.com/s/business/lighting-equipment-rebates
Administrator: Xcel Energy
Start Date:
Eligible Renewable/Other Technologies:
Incentive Amount: Business Lighting Rebates
Link to main webpage is here

2023/2024 Bonus Rebates on LED Upgrades
Linear LED: $2.25 - $18
Incentive details can be found here

Upgrades or installations for Construction Projects
LED and LEC exit signs: $25/fixture
LED Fixture: $37.50 - $250/unit
LED Retrofit Kit: $22.50 - $105/unit
Commercial downlight luminaire fixture: $18.55 - $50/unit
LED refrigerated case lighting: $33.75 - $45/unit
LED linear ambient fixture and retrofit kit: $11.25 - $25/unit
LED troffer fixture: $22.50 - $30/unt
LED stairwell fixture: $30 - $40/unit
Standalone and networked lighting controls: $0.05 - $0.40/watt
LED parking garage fixtures: $86.25 - $125/unit
LED parking garage wall pack fixtures: $22.50 - $75/unit
LED outdoor area lighting fixtures: $26.25 - $90/unit
LED canopy fixtures: $15 - $25/unit
LED street lighting fixture: $18.75 - $50/unit
LED wall pack fixtures: $11.25 - $50/unit
LED grow lights: $0.19 - $0.25/watt
Incentive details can be found here

Business LED Instant Rebates on Lamps
PL LED: $5.25 - $7
Interior HID Replacement: $22.50 - $85
A-Lamps: $0.75 - $6.00
Reflectors: $2.25 - $10
Decorative: $3 - $4
Downlight Solid State Retrofit Kit: $6.75 - $9
Incentive details can be found here

Lighting Controls Rebates
Details can be found on this application

LED Grow Lighting Rebates
LED indoor horticulture lighting: $0.53 - $0.70/watt
Incentive details can be found here

HVAC-R Rebates
HVAC-R Program Rebate Listing Form

Foodservice Rebates
Foodservice Appliance: $200 - $1,000
Steam Cooker: $$350 - $500
Foodservice Rebate Form

Clean Water Pumps
Rebates range from $100 to $11,140
Incentive details can be found here

Commercial Refrigeration Rebates
Anti-Sweat Heater: $60/unit
Demand Controls Ventilation: $500
Dishwasher: $125 - $250
Floating Head Pressure Controls: $25 - $50/ton
Medium-temp Enclosed Reach-In Case: $70/ft
No Heat Case Doors: $100 - $150
Refrigeration Fans: $40 - $150
Cooler case with glass doors: $100 - $150/ft
Walk-in Freezer Defrost Controls: $120 per 1,000 watts
Details can be found here

Compressed Air
Rebates range from $200 to $6,000
By implementing pre-approved custom Compressed Air Efficiency projects you can earn rebates of up to $600/kW saved for system peak demand, plus $100/kW saved for non-peak demand savings that exceed peak kWs saved
Projects implemented without a study earn up to $400/kW saved for system peak demand, plus $100/kW saved for non-peak demand savings that exceed system peak kWs saved
Additional details can be found here

Computer Rebates
Power Supply Equipment
400 - 600W: $5
600 - 1,000W: $10
>1,000W: $20
Virtual Desktop Infrastructures (VDIs)
Up to 17W: $10/unit
Additional details are found here

Cooling Rebates
Chillers $15 - $100/ton
Additional details found on this form
Air Source Heat Pump: $1,700
Cold Climate Air Source Heat Pump: $2,200
Ground Source Heat Pump: $600/ton
Variable Refrigerant Flow Heat Pump: $1,700
Dual Fuel RTUs: $1,150 - $16,760
Heat Pump Water Heaters: $200 - $2,000
Additional details found on this form

Fan Energy Index Rebates
Fans: $100 - $1,000
Fans with Integrated VFD: $520 - $11,600
Additional details found on this form

Heating Rebates
High-volume low speed fans: $2,000/unit
Condensing Commercial Boiler: $7,000/million BTUH
Water Heater: $400 per 100,000 BTUH
Pipe Insulation: $6 - $9/ft
Unit Heaters: $500 per 100,000 BTUH
Modular Burners: $750 per million BTUH
Outdoor air reset controls: $250 per million BTUH
Stack dampers: $250 per million BTUH
Steam trap replacement parts: 25% up to $250/trap
Linkageless controls: $300/million BTUH
O2 trim control: 25% of total cost
Turbulator: 25% of total cost
Boiler tune-up: 25% of cost up to $250 per boiler, every other year
Additional details found on this form

Motor Rebates
Motor HP: $10 - $900
VFDs: $400 - $2,337
Clean Water Pumps: $100 - $11,140
Fractional HP ECM Pumps and Fans: $50 - $100
Motors with Integrated Drives: $410 - $2,440
Additional details and application forms can be found here

Eligible System Size: See program website.


Name: Business Solutions Center
Organization: Xcel Energy
Phone: (800) 481-4700
Email: Inquire@xcelenergy.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.